Axon Enterprise, Inc (NASDAQ:AXON – Get Free Report) Director Jeri Williams sold 629 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $469.64, for a total transaction of $295,403.56. Following the transaction, the director owned 1,141 shares of the company’s stock, valued at $535,859.24. This trade represents a 35.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jeri Williams also recently made the following trade(s):
- On Tuesday, March 17th, Jeri Williams sold 157 shares of Axon Enterprise stock. The stock was sold at an average price of $490.00, for a total transaction of $76,930.00.
Axon Enterprise Trading Up 2.8%
NASDAQ AXON opened at $490.12 on Wednesday. The stock has a market capitalization of $39.50 billion, a PE ratio of 196.84, a price-to-earnings-growth ratio of 8.67 and a beta of 1.45. The company has a quick ratio of 1.93, a current ratio of 2.27 and a debt-to-equity ratio of 0.49. Axon Enterprise, Inc has a 52 week low of $339.01 and a 52 week high of $885.91. The firm has a 50 day moving average of $407.02 and a two-hundred day moving average of $493.35.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Citizens Jmp reduced their price objective on shares of Axon Enterprise from $825.00 to $700.00 and set a “market outperform” rating for the company in a research report on Thursday, May 7th. The Goldman Sachs Group set a $535.00 price objective on shares of Axon Enterprise in a research report on Thursday, May 7th. Robert W. Baird set a $800.00 price objective on shares of Axon Enterprise in a research report on Wednesday, February 25th. Royal Bank Of Canada reduced their price objective on shares of Axon Enterprise from $860.00 to $735.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Finally, Needham & Company LLC reduced their price objective on shares of Axon Enterprise from $870.00 to $600.00 and set a “buy” rating for the company in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $712.75.
Read Our Latest Report on Axon Enterprise
Institutional Trading of Axon Enterprise
Several institutional investors and hedge funds have recently bought and sold shares of AXON. Brighton Jones LLC purchased a new stake in Axon Enterprise in the 4th quarter valued at $480,000. NewEdge Advisors LLC raised its position in Axon Enterprise by 41.1% in the 1st quarter. NewEdge Advisors LLC now owns 2,294 shares of the biotechnology company’s stock valued at $1,207,000 after purchasing an additional 668 shares during the last quarter. Empowered Funds LLC raised its position in Axon Enterprise by 8.4% in the 1st quarter. Empowered Funds LLC now owns 2,028 shares of the biotechnology company’s stock valued at $1,067,000 after purchasing an additional 157 shares during the last quarter. Woodline Partners LP raised its position in Axon Enterprise by 40.6% in the 1st quarter. Woodline Partners LP now owns 6,932 shares of the biotechnology company’s stock valued at $3,646,000 after purchasing an additional 2,003 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in Axon Enterprise in the 2nd quarter valued at $284,000. Hedge funds and other institutional investors own 79.08% of the company’s stock.
Axon Enterprise Company Profile
Axon Enterprise, Inc develops technology and weapons systems for public safety and law enforcement agencies, combining hardware, software and cloud services. The company’s hardware portfolio includes conducted energy weapons (commonly known as TASER devices), body-worn cameras and in-car camera systems. Axon pairs these devices with a suite of connected products and accessories designed to capture, store and manage field evidence.
Beyond hardware, Axon operates a subscription-based software platform for digital evidence management, evidence review and records management.
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